On May 6, U.S.-based fashion retailer Revolve Group, Inc. announced its financial results for the first quarter of 2025 (January–March), reporting revenue of $296.7 million, a 10% increase year-over-year.
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On May 6, U.S. beauty giant Coty Inc. announced its financial results for the third quarter of fiscal year 2025 (January to March 2025).
On May 5, Skechers USA Inc. announced that it has agreed to be acquired by U.S. investment firm 3G Capital in a deal valued at approximately $9.42 billion.
Vancouver-based fashion brand Aritzia Inc. announced record-breaking financial results for the fiscal year ended March 2, 2025, with annual revenue rising 17.4% year-over-year to CAD 2.74 billion.
On May 2, Vince Holding Corp., the U.S.-based apparel company behind the luxury brand Vince, released its financial results for the fourth quarter and full fiscal year 2024.
French luxury house Chanel has closed its beauty concept store, Atelier Beauté Chanel, located on Wooster Street in New York’s SoHo district.
On April 30, Italy’s Prada Group, which centers around its flagship brands Prada and Miu Miu, announced net revenues of €1.341 billion for the first quarter of 2025 (January–March), marking a 13% year-over-year increase.
On April 29, Saks Fifth Avenue announced the launch of “Saks on Amazon,” a new curated storefront on Amazon Fashion’s Luxury Stores platform, dedicated to luxury fashion and beauty.
On April 26, Angara, the fine jewelry brand with over 300 years of gemstone expertise, officially announced its entry into the Indian market.
On April 23, Coty Inc., the U.S. beauty giant known for brands such as CoverGirl and Kylie Cosmetics, announced plans to cut up to 700 positions globally.